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...inevitable new management labor conflict has now been taken out of the bankruptcy courts and into the civil courts, where the superior resources of the firms may be more effectively brought to bear. Filing for bankruptcy now becomes even more of a gamble, and the new opportunity to threaten labor-contract rejection is a fresh chip for management whenever it deals with the unions...

Author: By D. JOSEPH Menn, | Title: A Bankrupt Decision | 3/19/1984 | See Source »

Reacting to those anticipated changes, a growing number of Maronites favor the outright division of Lebanon into religious and political enclaves. A spokesman for the Christians' powerful Lebanese Forces militia went so far last week as to threaten to ignore the results of the Lausanne meeting if they were deemed unsatisfactory. Meanwhile, in Jerusalem, another kind of territorial split for Lebanon was under consideration. By the terms of the May 17 agreement, Israel was bound to withdraw its 22,000 troops from southern Lebanon provided that Syria, with 62,000 troops on Lebanese soil, did likewise. Now the Israeli...

Author: /time Magazine | Title: Time for Talk | 3/19/1984 | See Source »

...unexpectedly, the proposed joining of the two giants set off a gusher of criticism from consumer groups and politicians. In Congress, critics threatened legislation either to block the deal or at least to prevent any further oil mergers. Thundered Ohio Congressman John Seiberling, a Democrat: "It is time to send a message to the oil industry-unrestrained mergers between huge companies suppress competition, endanger our energy independence and threaten productive drive in this country...

Author: /time Magazine | Title: Striking the Richest Deal | 3/19/1984 | See Source »

...very least, Government deficits of such unprecedented magnitude threaten to boost interest rates, reignite inflation, discourage capital investment and hinder growth. At worst, the budget imbalance could stop the recovery cold. Warns Volcker: "If left unattended, the deficits will accumulate until they undercut all that has been achieved with so much effort and so much pain...

Author: /time Magazine | Title: That Monster Deficit | 3/5/1984 | See Source »

...wished to participate, he told them how they would participate: I was told the 95 member orchestra was to perform La Mer. Approaching him later with my concerns about such expectations. I was informed that, well of course there are ways to light mathees under their feet, maybe threaten to kill them, ha ha. Well, the joke's on Mr. Sellars--under my leadership the orchestra will never participate in any event associated with him in any way: I know of others that feel the same...

Author: NO WRITER ATTRIBUTED | Title: Sellars | 3/3/1984 | See Source »

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